- White House Plans to Freeze Spending to Cut Deficit
- Week Ahead: Investors Go for Quality, Assess Recovery
- Hedge Fund Billionaire Paulson Reports New Citi Stake
- Cramer: 5 Earnings Reports to Watch Next Week
- Court Rejects 'Clawbacks' for Alleged Stanford Victims
- Cities With the Most Home Price Reductions
- Tax Credit Sparking First-Time Home Sales: Realtors
- Investors Cut Back US Stocks for Bigger Growth Abroad
- This Year's Biggest Thanksgiving Leftover: Cash
- Dollar is Not Plunging—So 'Calm Down': Market Strategist
- Strategists Say Markets Have More Upside — But How Much?
- Hirschhorn: Risk-Averse Traders
- Roginsky: A Funny Thing Happened on the Way to Financial Reform
- This Year's Biggest Thanksgiving Leftover: Cash
- TV Series Inks Unique Deal For Fight
- First Time Buyers Rescue Housing: Realtors
- Dollar General Trades Higher After Its IPO
- Fed Reform? Not So Fast.
MOST SHARED
- Today's Market Action
- Microsoft's Bill Gates Praises Apple's Steve Jobs For 'Saving the Company'
- Week Ahead: Investors Go for Quality, Assess Recovery
- Israel: Leader of Business Innovation
- Herbalife Vs. Hedge Funds
- Has Twitter's Finest Hours (Seconds) Come and Gone?
- Seeking Innovation in Health Care
- Inside Wal-Mart's Acai Berry Juice Maker
- China's Role as Lender Alters Dynamics for United States
- CNBC TRANSCRIPT: Warren Buffett & Bill Gates - Keeping America Great
President-Elect Barack Obama will speak later on Wednesday and investors are hanging on his every word. But some experts say Obama's plan will not rekindle the economy, because economic cycles cannot be skipped, and he should be careful about bailouts backfiring.
It's a Bailout, Not a Revival
Obama's stimulus package will not be able to rekindle the economy, but it will bail it out, says Enzio von Pfeil, CEO of EconomicClock.com.
Beware of Bailouts Backfiring
With the amount of money the U.S. government is throwing at the bailouts, what is the impact of this on the dollar and the economy? Ajay Kapur, global strategist at Mirae Asset Securities shares his take with CNBC.
Will the Dollar Continue to Rally?
The latest Fed bailout raises the question of whether the four-month dollar rally is coming to an end. Richard Grace, Chief Currency Strategist at Commonwealth Bank of Australia, Ajay Kapur global strategist at Mirae Asset Securities and Daryl Guppy, CEO of Guppytraders.com take a look at the facts.
New $800 Billion Plan Good for Markets
The Fed's new $800 billion plan is a step in the right direction, says Michael Woolfolk, senior currency strategist at the Bank of New York Mellon.
![]() |
Obama Doing All the Necessary Things
"It's the right step for this part of the cycle," Dodge Dorland, CIO at Landor Capital Management, said after the US announced an $800 billion stimulus package. "We, the Americans, are going to have to pay for this at some point. But right now Barack is doing all the things that are necessary to instill confidence. The bad news will come."
"The bad news will be coming in the first quarter of next year," Dorland predicted.
Package Will Crush Dollar
A potentially precipitous decline in the US dollar will occur at some point in the future, Ben Pedley, investment strategist at LGT Investment Management, said on what the impact of the new US stimulus package will be.
"At the moment we are still in the deleveraging process, which will require stocks markets to move lower and in turn the dollar likely to recoup some of its recent losses and possibly make new highs," Pedley said.
The cost of the US government's rescue of the financial system and economy roughly equals $8.5 trillion, which is about 60% of the country's GDP last year, and proposes some serious downside risks for the dollar, according to Pedley.
- Warren Buffett and Bill Gates spoke to Columbia students, and Buffett made the students a startling offer.
- For the chief of cable company Comcast, growth has been about making deals – generally very large deals.
- Some companies may start using insurance to shift carbon risk from their balance sheets to maybe... yours?
- The president and founder of Genesis Today wants to improve America’s health, and thinks Wal-Mart can help.
- Switzerland's privacy watchdog is taking legal action to force Google to make changes to its Street View service.
- A wealthy, distracted Texas driver crashed his million-dollar Bugatti Veyron sports car into a salt marsh, say police.













